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Global Fingerprint Mobile Biometrics Market To Grow At A CAGR Of 215.49% During 2014-2019: Hexa Reports

Posted onDecember 30, 2015

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Deep Research on “Global Fingerprint Mobile Biometrics Market” Fingerprint biometric technology matches fingerprint scan of an individual with the database to identify and verify an individual’s identity based on various features such as arch, whorl, and loop.

Global Fingerprint Mobile Biometrics Market – Pattern-based algorithms is being used to match an individual’s fingerprint against database to provide him access into secure premises of an organization. With advances in technology, AFIS was introduced in 1986, which is being used by a number of law enforcement agencies to identify a criminal with the implementation of BYOD policy in enterprises and an increase in the adoption of mobile devices among individual consumers, maintaining security of enterprise and personal data has become very important. Thus, fingerprint biometric technology is being integrated in mobile devices, which will ensure authorized access to personal and enterprise data. Integration of fingerprint biometric technology in mobile devices can be used for law enforcement for identification and verification of criminals, which helps in maintaining homeland security.

Further, government organizations are implementing the usage of mobile fingerprint biometrics to authenticate individuals for various government services such as ration distribution and electoral voting. In the education sector, mobile fingerprint biometrics can be used to maintain time and attendance of employees. Further, implementation of mobile fingerprint biometrics is also observed in cashless vending services to identify students. Technavio’s analysts forecast the global fingerprint recognition and mobile biometrics market to grow at a CAGR of 215.49% during 2014-2019.

This report covers the present scenario and the growth prospects of the global fingerprint and mobile biometrics market for 2015-2019. To calculate the market size, the report considers revenue generated from the sales of biometric solutions including sensors, scanners, software, and integrated solutions offered by vendors for mobile devices such as smartphones and tablets. Revenues generated from after-sales services are not included to calculate the market size. Netbooks and laptops are not included in the scope of the report.

Technavio’s report, Global Fingerprint Recognition and Mobile Biometrics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the Key vendors operating in this market.

Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.